Tuesday, December 22, 2015

The Indian pharmaceutical market has for the first time crossed the Rs 100000 crore

MUMBAI: The Indian pharmaceutical market has for the first time crossed the Rs 100000 crore mark in November when calculated on the basis of Moving Annual Total (MAT), said IMS Health, a global pharmaceutical market research firm.

In its monthly review of the local market, IMS Health said in its note titled Market Reflections that Indian companies took over three-fourth of the market share during the month.

On an average over the last three years, Indian pharmaceutical market has grown by 12%. Almost 38% of the market was dominated by drugs that treat infections, heart ailments and patients with gastro-intestinal issues. IMS report said in November, Indian market was at Rs 100115 crore, of which the retail sector was valued at Rs 84279 crore.

Sun Pharma remained at the top of the list of drug companies with a market share of 8%, followed by Abbott with a share of 6.1%. Cipla trailed at 5.4% but grew higher than its top peers showing growth of 16% during the month. Mankind Pharma has jumped past its traditional rivals to secure the fourth position with a market share of 3.7%, standing above Alkem, GlaxoSmithKline and Zydus Cadila.

Mixtard, a popular insulin marketed by Abbott, continued to hold the position of the largest brand for the month followed by Pfizer cough syrup Corex and Glycomet-gp, a diabetes brand of USV.

http://articles.economictimes.indiatimes.com/2015-12-16/news/69090998_1_market-share-indian-companies-ims-health

India’s maiden med devices and pharma park to come up in Gujarat State

Gujarat government allots 60 acres for NIPER campus being set up at a cost of around Rs 500 crores

The Centre is mulling setting up the country’s maiden medical devices and pharma park in Gujarat in a bid to make India self-reliant in the sector. This was stated by Ananth Kumar, Union Minister of Chemicals and Fertilisers, who sought cooperation from the state government to implement these projects and the latter responded positively in terms of providing land for them.

According to Kumar, though India is doing well in manufacturing pharma products, it is still not self- reliant in the medical devices sector.

“This is an era of medical devices. But, even today, India is not self-reliant in producing these devices. Thus, we are planning to open first such medical devices park here in Gujarat if the government provides us cheaper land for it,” Kumar said in the presence of Anandiben Patel, Chief Minister, Gujarat.

The Gujarat government has alloted 60 acres for the campus being set up on Chiloda Road at a cost of around Rs 500 crores, stated an official press release. Kumar said a centre of excellence will be started in the institute. “Apart from imparting studies and conducting research and development in the field of pharma, this institute will also have a centre of excellence for developing new medical devices.”

The Minister also announced government’s plans to set up the first-ever drug discovery centre and a pharma park in Gujarat.


http://www.financialexpress.com/article/healthcare/happening-now/indias-maiden-med-devices-and-pharma-park-to-come-up-in-gujarat/180091/

Friday, October 30, 2015

Delhi government is set to launch a two-year diploma course in Homoeopathy Pharmacy

The Delhi government is set to launch a two-year diploma course in Homoeopathy Pharmacy which will help aspiring pharmacists in this field to take up jobs in government hospitals as well as operate state-run dispensaries in the national capital.

According to a report in Press Trust of India (PTI), the Board' s chairman K K Juneja said, "The Board of Homoeopathic System of Medicine under the Health Department of Delhi government is going to introduce 'Diploma in Homoeopathic Pharmacy Course' as per provisions of Delhi Homoeopathic Act, 1956. Such a course is a landmark and milestone in the development of science of homoeopathy. It is a historic addition for homoeopathy in Delhi and India". He added saying that the course was notified in an official gazette by Delhi government.

The eligibility criterion for the course, also called Homoeopathy Compounder course, has been fixed as intermediate pass in science stream. It will provide theoretical and practical training. "Those completing Diploma in Homoeopathic Pharmacy will have job opportunities in government sector like homoeopathic medical colleges and hospitals, Delhi government dispensaries, private homoeopathic clinics etc. They can also open their own homoeopathic pharmacy or chemist shops," Juneja added.

Also, the Delhi government has directed the heads of schools in the national capital to issue swine flu advisory and to exhibit public notices about the respiratory disease on their notice boards.

http://indiatoday.intoday.in/education/story/homoeopathy-pharmacy-delhi-government/1/505410.html

Monday, September 7, 2015

MedsOnWay.com launches pharmacy app

MedsOnWay.com, a pharmacy-portal recently launched its Android App, dedicated to help consumers buy drugs at an economical price.

Founders Aniket Bora and Prashant Pillai started the app with the aim of promoting generic drugs and the cost effectiveness associated with it.

"The application's different innovative features make shopping for medicines an easy and hassle-free experience. One can simply upload their prescription online and order medicines directly. Users can avail an assured discount of 10% on their bills along with free home delivery. They can also save up to 70% per month by opting for affordable generic substitutes for their medicines," said Bora.

"We plan to have presence in 4 cities by next year and 12 major cities by 2017. We project to capture around 0.5 % of chronic market summing up to approx 18,000 crores by 2017. At the moment, we have 80,000 medicines registered with us," he added.

Pillai said, "With the app, we hope to eradicate the recurrent problem of non-availability of medicines in the nearest pharmacy store. We have a sturdy supply chain management model that runs on three efficient steps - strong distribution channel, assured availability and timely delivery."

http://tengible.com/2015/08/medsonway-app-launch/

Kerala Institute of Pharmaceutical Education and Research (KIPER) to start functioning from 2017

Kerala Institute of Pharmaceutical Education and Research (KIPER), an academic initiative of the Pharmaceutical Society of Kerala (PSK), a society of pharmacists registered with Kerala Pharmacy Council, will commence its higher education programmes from 2017.

At the outset, the academic programmes of the institute will begin with diploma and degree courses, and gradually it will grow into the level of a premier educational institute to offer higher education and research programmes in pharmaceutical sciences, as per the project plan of PSK.

The plan is on the lines of the central institute, National Institute of Pharmaceutical Education and Research (NIPER), working under the ministry of chemicals and fertilisers, government of India. PSK is a subsidiary of Kerala State Pharmacy Council which provided financial assistance to the Society to buy five acre land for setting up the prestigious institution, said Dr K G Revikumar, chairman of the Society.

KIPER is the first pharmacy higher educational institution under the control of a state pharmacy council in the country. The institute will be affiliated to Kerala Health University and will function in the style of a self-financing college, he added.

“Although it is planned for imparting higher education in pharmacy, the main focus will be for conducting training and orientation programmes, and continuous education programmes. The institute will become a centre of excellence in education, research and development in pharmaceutical sciences in five years. it is the first educational institute started by a state pharmacy council,” said Dr. KGR.

He said the state government has given its approval earlier and construction of infrastructural facilities for the institute will be started next month. Approval of Pharmacy Council of India and All India Council of Technical Education (AICTE) is expected on completion of the building. PSK is expecting more financial aids from central and state governments for various research projects undertaken by it and also for infrastructure development. The central fund will be issued through Pharmacy Council of India. Further, PSK will mobilise funds from working pharmacists, NRIs and other leading institutions. It has been decided to commence classes at KIPER from the academic year 2017.

Generally, the pharmacy colleges and research institutes are run either by government or private people or trust. But in Maharashtra, the state branch of the Indian Pharmaceutical Association (IPA) has one pharmacy college.

http://www.pharmabiz.com/NewsDetails.aspx?aid=90336&sid=1

Government body deliberates over online pharmacy in india

ONLINE drug sales, which is presently prohibited, may soon receive a boost from the central government’s latest deliberations to initiate a monitored e-sale mechanism of drug and medical supplies on web portals. During its latest 48th Drug Consultative Committee meeting, the Central Drugs Standard Control Organisation (CDSCO) has formed a sub-committee to check the feasibility of online pharmacy. Currently, only licensed chemist suppliers can physically sell medicines after checking the patient’s prescription and in presence of a registered pharmacist. With no foolproof method in place to scrutinise a prescription online before dispatching the medicines, the e-retail of drugs has not been permitted under the Drug and Cosmetics Act, 1940, and Drug and Cosmetics Rules, 1945.

According to Drug Controller General of India, G N Singh, the online scenario may change now. In a reply to Ghatkopar-based ChemistsOnline.com’s query, the CDSCO said that various organisations had approached them for regulating online drug sales, after which the committee was set up.

Online drug sales came into the limelight after the Food and Drug Administration (FDA) slapped a notice on e-commerce giant, Snapdeal, in May this year. According to FDA commissioner Harshdeep Kamble, the FDA had found more than 45 drugs listed on Snapdeal website that primarily contravened with the provisions of Drugs Magic Remedies (Objectionable Advertisement) Act, 1954. Days after, Shopclues.com was sent a notice for not complying with Drug and Cosmetics Rules, 1945. “We had put 18 other websites under the scanner after irregularities surfaced. After sending them notices, they stopped the sale of drugs on their websites,” said Kamble.

While the permission to buy and sell medicines online would cheer customers, pharmacists claim it would become difficult to monitor sale of Schedule X and Schedule K drugs, which can only be sold in certain quantities after the chemist’s stamp on the prescription. Sachin Inamdar, general secretary of Maharashtra Pharmacy Welfare Association, said that online market can face discrepancies. “In shops, there is a pharmacist to check prescription of each patient and give them dosage instructions. In online sales, this is not possible unless a pharmacist delivers medicine door to door and checks the prescription personally,” he said.

http://indianexpress.com/article/cities/mumbai/government-body-deliberates-over-online-pharmacy/

Wednesday, August 26, 2015

Telangana State TS D.Pharmacy Notification 2015, Apply Before 31st August 2015

The Department of Technical Education under the Government of Telangana issued the notification for the admissions into D. Pharmacy course for the academic year 2015-16. All the candidates who are interested can check the details like eligibility criteria, educational qualification etc. from the below article. Candidates should upload their applications at below mentioned helpline centers at free of cost. All the interested and eligible candidates should complete the application process on or before 31st August 2015.

Telangana TS D.Pharmacy Notification 2015: Apply Before 31st August 2015

TS D.Pharmacy Notification 2015:

D.Pharm means Diploma in Pharmacy. In India, students can study this education course after successfully completing Standard Twelve in science stream with Physics, Chemistry and either Biology or Maths as subjects. The person who has completed D.Pharm can be employed as pharmacist in shops selling medicine (Pharmacy). It has been made mandatory that at least one person employed in pharmacy must have qualified D.Pharm. After completion of D. Pharm, a student can go for degree (under graduate)course of B.Pharm in India. Recently Telangana government issued notification for the admissions into D.Pharmacy. All the candidates who are interested and wants to pursue their career in Pharmacy can apply for the admissions. Aspirants should complete the online application on or before 31st August 2015. Candidates can apply by submitting the below given documents at any of the helpline centers for free of cost.

Name of the Organization: Department Of Technical Education, Government of Telangana
Name of the Examination: D.Pharmacy
Eligibility Criteria:
Educational Qualification:

Candidates should have pass the Intermediate (MPC/BPC), 12 years Higher Secondary Education Board Exam of CBSE, ICSE. (Regular stream only) & should be of Indian Nationality and shall either be a Local or Non-Local candidate defined in A.P. Education Institution (Regulation of Admission) Rules.

How to Apply for TS D.Pharmacy 2015 ?

The candidates may approach the below mentioned Help-line centers (HLCs) along with a set of Xerox copies of all certificates for uploading their applications at free of cost. The HLC officials will verify the certificates, upload the data, and issue a print-out of the application.

The candidates shall paste the Photograph on the application, affix signature, and enclose a Demand Draft (or pay cash, as decided by the Competent Authority) for an amount of Rs.330/- drawn in favor of the “Secretary, SBTET, Telangana, Hyderabad” payable at Hyderabad, and while enclosing a set of Xerox copies of relevant certificates, shall submit the same at the Polytechnic/Help-line centers where his/her application is uploaded on or before 27th August 2015.

OR

The candidate can also file the application online from the official website and make the payment through the payment gateway i.e. by credit card/ debit card/ net banking. After making the payment get the printout of the application and receipt and enclose the photocopies of requisite certificate and send them to the Secretary, State Board of Technical Education and Training, Telangana, Hyderabad, 7th Floor, BRKR Bhavan, Tank Bund Road, Hyderabad – 500 063. The applications received without supporting documents or after the due date will summarily be rejected and the due date for receiving the applications is 31-08-2015.

Fee Structure:

The annual fee payable by the candidate admitted into D.Pharmacy course in Polytechnics/ D.Pharmacy Institutions shall be Rs.3,800/- in case of Government and Aided Polytechnics, and Rs. 17,000/- in case of Private Un-aided D.Pharmacy Institutions.


Help Line Centers :

Government Polytechnic – Mahaboobnagar
Government Polytechnic- Nalgonda
Government Polytechnic- Kothagudem
Government Polytechnic- Warangal
SG Government Polytechnic – Adilabad
SS Government Polytechnic – Zaheerabad
JN Government Polytechnic – Ramanthapur, Hyderabad
Government Polytechnic- Masab Tank , Hyderabad
Government Polytechnic- Nizambad
Dr BRAGMR Government Polytechnic for Women – Karimnagar
 Govt Institute of Electronics –Secunderabad

http://allindiaroundup.com/education/telangana-ts-d-pharmacy-notification-2015/

Etailers like Flipkart, Amazon as Drugs Act to be allow online sales


HYDERABAD: The government may consider changes to the Drugs and Cosmetics Act to permit online sale of medicines following representations made by organised retail chains such as Apollo Pharmacy, Medplus and Hetero. This follows a crackdown by drug regulators against the sale of medicines a few weeks ago through websites.

The issue is being examined by a sub-committee appointed by the Drugs Controller General of India (DCGI) and headed by Maharashtra Food and Drug Administration (FDA) commissioner Harshadeep Kamble. It's likely to suggest that online sales be allowed with adequate safeguards pertaining to prescriptions and pharmacy licences, said a top official aware of this. Kamble didn't respond to queries from ET.

The Maharashtra FDA had in May filed cases against online retailers like Snapdeal for selling prescription drugs without valid prescriptions or licences.

"The committee is yet to firm up its recommendations but drug controllers of many states have submitted their proposals to the government," a member of the DCGI panel told ET. "Majority members of the sub-committee are in favour of considering the pleas of trade bodies, pharmacy chains and e-tailers to allow online sale of medicines with adequate safeguards taking into account the global practices."

The recommendations of various state drug controllers and the subcommittee, if approved by the government, could open up a large business opportunity to online players such as Snapdeal, Amazon India and Flipkart, apart from pharmacy retailers.

The domestic medicine market is growing at around 10-15% a year and is estimated at around .`90,000 crore. Allowing online sales would also help organized retail pharmacy chains that are setting up virtual account for nearly 5% of the market and are growing in double digits.

Akun Sabharwal, director of Telangana's Drugs Control Administration, said he has recommended to the government that the Drugs and Cosmetics Act be amended to enable the online sale of medicines.

"Online pharmacy, once legal sanction is given, can be operated by anyone who will meet the standards desired by the revised Drug and Cosmetics Act," he said. Sabharwal, a doctor turned administrator who has studied the US model of dispensing medicines online, said, "There should be an equal opportunity for all people to be part of the process if they follow the statute."

However, brick and mortar pharmacy players fear a serious threat to their existence if online sales of medicines is permitted, said JS Shinde, president of the All India Organization of Chemists and Druggists, which represents over 7.5 lakh chemists across the country. Well-funded online retailers, both domestic and global, could easily manage to obtain licences to adhere to a tweaked Drugs and Cosmetics Act, he said, putting at risk small, neighbourhood stores.

Growing real estate costs in urban areas could lead to drug retailers having to rationalise their brick and mortar models and shift to online sales by ensuring delivery of drugs by pharmacists after verifying doctor's prescription, Sabharwal said. This suggests that the local store could still play a role in last-mile delivery in an online transaction.

Medplus, one of the largest organised pharmacy chains with 1,300 stores across several cities and a turnover of Rs 1,800 crore, moved online recently in the wake of rising demand. "We have been witnessing double-digit growth in online sales," said chairman Madhukar Gangadi. "While online sales will lead to rationalising the brick and mortar shops, it helps in reducing overheads and improving margins faster."

http://articles.economictimes.indiatimes.com/2015-08-19/news/65592201_1_online-sales-apollo-pharmacy-drugs-and-cosmetics-act

Thursday, July 30, 2015

India: the pharmacy of the world where 'crazy drug combinations'

India has been called the pharmacy of the world. Many generic drugs are made there and much of its drug production is exported internationally. Thousands of fixed dose combination drugs – where two or more drugs are combined in a set ratio in a single dose form, usually a tablet or capsule – are formulated, made and sold within India.

Many FDCs are safe and effective. They are used in situations where both the drug combination and the doses needed are standardised and stable, for example, in the treatment of HIV, for Parkinson’s disease and in contraceptive pills.

However, in a study investigating these drugs in India, we found thousands of FDCs on the market made up of formulations never approved for marketing by the national regulator, the Central Drugs Standard Control Organisation, and that were likely to be more harmful than beneficial to patients.

As two pharmacologists in India, writing in response to our study put it:
One can find any crazy drug combination which could give nightmares to any doctor who has some understanding of the concept of the rational use of medicine. It is simply beyond comprehension of any rationalist. Even antimicrobials are being combined weirdly, which is a grave challenge for crusaders against antimicrobial resistance.

FDCs in India

Considered an innovation of India’s national pharmaceutical industry, FDCs are promoted extensively and used in huge numbers within the country. These drugs are mostly available through wholesalers, pharmacies (not necessarily with a prescription), dispensing doctors, but some are used in hospitals too.

For years though, there has been disquiet. In 2007, the national regulator banned 294 of the drugs because they had never been approved for marketing but had been given manufacturing licenses by authorities. FDC manufacturers disputed the ban and the matter remains unresolved in the courts. In 2012, an Indian government committee investigating the standards and capacity of the regulator issued a report highlighting multiple problems, including FDC approvals.

The committee found state authorities were issuing manufacturing licenses for new formulations that were never approved. It said: “The end result is that many FDCs in the market have not been tested for efficacy and safety. This can put patients at risk”. Many formulations were also medically unnecessary.

The report noted that “ambiguities” in the rules on new drugs prior to an amendment to existing legislation in May 2002 might have encouraged the marketing of FDCs without approval. However, we identified no ambiguities in the drug rules and found that just as many unapproved new FDCs appeared on the market after the amendment as before.

The scale of the issue

The committee’s report included no investigation of the size of the problem or potential risks to patients, so we used drug approval records (1961-2013) and commercial sales data (2007-2012) to identify approved and unapproved FDCs on the market and calculate the quantities being sold.

We examined four areas: pain-relief, diabetes, anxiety/depression, and psychosis. We chose these because the drugs are commonly used and many, even when used alone, have serious side effects.

In the four areas, we found 175 FDC formulations on the market, 115 (66%) with no record of approval. Metformin drugs for diabetes had the best approval compliance, anti-psychotics the worst.

FDC formulations give rise to many branded products made by different pharmaceutical companies, each promoting their own products in a crowded marketplace. Among anti-inflammatories, there were almost 3,000 branded products, with more than 1,000 of them made from unapproved formulations. Vast volumes of these FDC products are sold in India.

Banned or restricted in other countries

Among the products on the market, we found numerous combinations containing drugs that are banned or restricted in other countries. Some of these were formulations actually approved by the regulator, others were unapproved. They included, for example, melitracen, an antidepressant widely banned owing to central nervous system toxicity (in India its top-selling combination with flupentixol, an anti-psychotic, was banned in 2013, re-approved, then banned again in 2014, and nimesulide, an analgesic also widely banned due to its association with liver toxicity and put under sales restrictions in 2007 by the European Medicines Agency.

Several anti-inflammatories included a muscle relaxant drug banned because of damage to dividing cells in the body while yet others contained two types of anti-inflammatory together, giving no advantage for pain but increasing the risk of serious side effects including bleeding in the stomach and heart attack.

Some combinations were potentially lethal, for example, an anti-psychotic containing two drugs from the same class, both individually associated with major toxicity including sudden death. Dozens of antidepressant and benzodiazepines included combinations of sedating drugs shown individually to increase the risk of falls and accidents.

Response and remedy

Following the committee report in 2012, the Indian government made attempts to improve FDC regulation. But there was little enforcement. In fact, manufacturers lobbied against regulatory change, making “an earnest appeal” to government to “maintain status quo”, both approved and unapproved, marketed up to September 2012. And that is exactly what has happened.

It is clear from our research that drug regulation in India, a key international exporter of medicines, needs a major overhaul. Unapproved FDCs should be banned and patients transferred to appropriate single drugs. Public health, not manufacturers’ commercial concerns, should inform the regulation of India’s drugs.

But all too often, as we have found, business comes first and citizens are the losers. Alongside Indian medical and legal colleagues, we are now working to see unapproved FDCs banned once and for all and to draft a new drugs act for India. With strong and clear legislation, a most important step will be taken to ensure that in the long term the people of India have safe and effective drugs made in their country.

http://scroll.in/article/742599/india-the-pharmacy-of-the-world-where-crazy-drug-combinations-go-unregulated

Sainsbury’s has sold its 281-store pharmacy business to Celesio

Sainsbury’s has sold its 281-store pharmacy business to Celesio, the owner of the Lloyds Pharmacy chain, for £125m.

Under the deal, Lloyds will rent out and run Sainsbury’s 277 in-store pharmacies and take over four located in hospitals. Up to 2,500 Sainsbury’s pharmacy staff will transfer to Lloyds.

Mike Coupe, chief executive of Sainsbury’s, said: “Working together with a specialist operator like Lloyds Pharmacy will enable us to grow and extend our pharmacy services to customers, whilst realising value for shareholders today from the pharmacy business we have grown organically over the last 20 years.”

Analysts said the cash from the deal would further strengthen Sainsbury’s balance sheet after the retailer raised £500m through bond issues last week. It told analysts that roughly half the bond funds would be used to pay down its pension deficit while the other half would be used to “get on the front foot with corporate plans”.

Bruno Monteyne, an analyst at Bernstein Research, said: “These funds are not immediately necessary. The market was not waiting for this, but it is reassuring if somewhat unexpected.”

Without major pressure from investors for cash-raising measures, Sainsbury’s sudden flurry of fundraising activity is likely to heighten speculation that the retailer is looking to buy out a chain or batch of stores to help expand either its convenience store brand, Sainsbury’s Local, or its nascent discounter joint venture, Netto.

Sainsbury’s plans to reach a total of 15 Netto stores this year, including the buy-out of three Co-op stores in Leeds, Hull and Doncaster, which is currently being reviewed by the competition regulator.

http://www.theguardian.com/business/2015/jul/29/sainsburys-sells-pharmacy-business-celesio-125m

Sunday, July 12, 2015

French startup 1001Pharmacies just raised $8.9 million (€8 million) from Newfund, CM-CIC Capital

French startup 1001Pharmacies just raised $8.9 million (€8 million) from Newfund, CM-CIC Capital Privé, and business angels, such as Xaviel Niel, Pierre Kosciusko-Morizet and Olivier Mathiot. As the name suggests, 1001Pharmacies is an online pharmacy.

The company first let you order your prescription goods from their website. In order to avoid legal issues, 1001Pharmacies partnered with hundreds of brick-and-mortar pharmacies and acted as the middleman, handling deliveries, payments and listings.

Last August, the company had to stop its prescription delivery service as a French court ruled that delivering prescription goods was illegal. That’s why the company refocused on non-prescription goods, from toothpaste to vitamin C effervescent powder. As long as you don’t need a prescription, you can find it on 1001Pharmacies.

And it looks like this strategy is working as the company managed to raise €8 million despite last year’s ban. 1001Pharmacies still hopes that it will be able to sell prescription goods in the near future.

As this is a highly regulated industry, 1001Pharmacies faces challenges that it wouldn’t face in other countries. But if the startup can crack the code in France, it will create a significant barrier to entry for other potential competitors.

Finally, the marketplace approach is interesting. Not having to manage a huge inventory and many of the less-scalable tasks of an e-commerce startup is a great asset. Clients can even order stuff online and then grab them at their local pharmacy. It’s a great way to know for sure that the pharmacy will have what you are looking.

Pharmacies get a new sales channel, 1001Pharmacies takes a cut, and clients have another way to buy non-prescription goods. As these goods have very high margins, 1001Pharmacies may have found a lucrative business.

techcrunch.com/2015/07/09/1001pharmacies-grabs-8-9-million-to-bring-your-pharmacy-to-the-web/

PGI will come up with its own pharmacy

PGIMER officials are working towards setting up its own pharmacy, which will provide minimum 50 per cent discount (or more) on all drugs to its patients. The final report has been approved by the PGI director and the location to set up the pharmacy has been decided.

The renovation work has started and the authorities claim that in the next seven-eight months, the PGI will come up with its own pharmacy. The purpose would be to cater to poor patients coming to PGI who are at times ‘overcharged’ by private chemists, officials said.

Earlier, on June 15, the final report about the PGI’s own pharmacy was approved by the institute’s Director and the pharmacy committee. The report was prepared by the six-member committee after studying the best pharmacy models of other hospitals.

“Now, we are working on the Standard Operating Protocol, which will be presented to the Standing Finance Committee for clearance. The meeting will be held in August,” said Dr Arvind Rajwanshi, head, cytology department. He is also heading the six-member committee involved in the project.

The institute would demand nearly Rs 50 crore from the Health Ministry for execution of the project.

“The amount will be refundable. We are positive about getting our proposal and funds sanctioned from the health ministry. Once approved, we will start the execution work,” Dr Rajwanshi added.

To begin with, the PGI is going to start one pharmacy, which will be in the place of current pharmacy in the Nehru building. “We have already directed that the current pharmacy be vacated as we have to start the renovation. Currently, it caters to only staff, but the new pharmacy will serve all PGI patients. It will have eight counters opened for different categories like indoor, outdoor patients and others,” Dr Rajwanshi said.

Further, in the standard operating protocols other issues like staff recruitment, legal formalities, storage facilities, cold-room, method of procuring medicines, administration charges and other details will be decided.

Unlike the old pharmacy, the new one will not come under the Medical Superintendent. It will be chaired by an independent professor in-charge and will be following all financial rules.

“PGI will directly contact the manufacturing companies for procuring drugs. We will procure medicines at high discount from companies and will sell it further to patients. Patients will be given medicines at minimum 50% of discount. It can be more than 50% but not less. Nothing will be free,” said Dr Rajwanshi.

Talking about another facility, Dr Rajwanshi said, “We are planning to increase the hospital admission fees by Rs 100-150 per day and in return we will supply to patients basic things such as cotton, gauge, needles, bandage, IV fluids in every ward.”

He said that these items are most commonly used in wards for indoor patients, and every now and then attendants have to run to the chemist shop.

http://indianexpress.com/article/cities/chandigarh/pgi-pharmacy-plan-gets-push/99/

Saturday, June 20, 2015

The Dadha Group India e-Pharmacy – NetMeds.com launched

Starts with Chennai as the distribution hub, to expand its warehousing presence to 16 cities by 2016

The Dadha Group owned NetMeds.com has announced the commencement of its operations.

Billing itself as ‘India Ki Pharmacy’, the site offers an impressive selection of both prescription drugs and non-prescription products (OTC) drugs, supplying over 25,000 stock keeping units (SKUs) across India from its first warehousing hub in Chennai.

Company plans to offer 24-hour delivery in Chennai and two to four-day delivery in other cities of the country. NetMeds plans to expand its presence by setting up warehouses through tie-ups in 16 metro and non-metro cities in next 12-18 months period.

The portal offers prescription medication users an opportunity to select their required medications from more than 260 drug categories for the chronic conditions, such as diabetes, hypertension and cholesterol control.

Commenting on the occasion Pradeep Dadha, Promoter, NetMeds.com said, ‘Not everyone knows the exact name of the tablet they are taking, but they all know the condition they’re dealing with. Likewise, they may not be able to read their prescription, but that’s where our pharmacists can help. With this portal we aim to reach the third-tier cities and more remote areas where drug availability is limited. Prescription medicines will be dispensed strictly and only against a valid prescription from a registered medical practitioner.”

Apart from branded drugs, portal will offer generic alternatives for every medicine ordered on the website. The Indian pharmacy market is estimated at Rs 83,000 crores with drug consumed for chronic aliment such as diabetics, blood pressure, hypertension, etc. accounting for over 40 per cent of the share.

In addition to the prescription drug catalogue, Netmeds offers eight categories of over the counter (OTC) remedies for pain, category for diabetic support like monitors and test strips, personal care section and others. In the non-prescription category, there are currently a total of 3,000 SKU’s including many of India’s top brands like Loreal, Fogg and Axe. The current, and ever-expanding catalogue of prescription tablets, capsules, ointments and compounds boasts 25000 SKU’s, including both brands and generics. Products are sourced from more than 185 Indian manufacturers, including a home page menu of the top 25, such as Sun, Ranbaxy, Cipla and Dr Reddy.

Pradeep Dadha, Promoter and the MAPE Advisory Group have together chipped in Rs 60 crores in NetMeds Marketplace in the initial round of funding.

http://www.financialexpress.com/article/healthcare/happening-now/pan-india-e-pharmacy-netmeds-com-launched/85030/

Telangana State pharmacist has a pill for prescriptions

HYDERABAD: A one-man campaign that started in the sleepy town of Nalgonda in 2012 is on its way to rewrite (literally) medical history — making it mandatory for doctors to write prescriptions in capital letters so as to make these legible. Prescriptions, the way they are written now, have taken lives.

While a formal gazette notification by the Union health ministry is round the corner, the Medical Council of India (MCI) is circulating a prescription format (to be used by doctors) to all state medical councils across the country. The letter, which TOI has a copy of, says doctors must write the name of medicines, dosage, strength, duration and total quantity in "capital letters only".

From his run-down pharmacy in Nalgonda, 47-year-old Chilkuri Paramathma used the Right to Information Act, filed PILs and wrote innumerable letters to the Union health ministry, the MCI, the Drugs Controller-General of India (DCGI) and the Director-General of Health Services (DGHS) to enforce his 'prescription' for prescriptions.

"In my 25 years of practice as a pharmacist, names of medicines always fascinated me. There are several similarly spelt drugs that can stump a pharmacist as one single letter or even a hypen can sometimes be the only difference between two completely opposing drugs. Imagine the havoc it can cause," said Paramathma.

On February 22, 2012, Paramathma got to know of a Hyderabad-based pregnant woman who was advised Microgest 200 mg (used for fetus growth). "So illegible was the writing in the prescription that the pharmacist mistook Microgest for Misoprotol — which is used for abortion. The woman lost her baby," he recounted.

In July 2013, a patient died in Hyderabad after he was administered a wrong injection by a pharmacy. The drug control administration later shut down the pharmacy.

Paramathma cites a plethora of drugs that spell and sound almost the same, but have quite different effects on the body. "Consider L-CIT and L-COT, KARDIA and KARDIN, JUCAN and JUGAM, IKA and IKKA, IDEBEN and IDIBEND, NEPOMOX and NEPOTOX, NIFDEC and NIFEDINE, OCUVIT and OCUWET, E-PRIN and EPRIL... The list is endless," he says.

Following several missives to various departments and a hearing at the Andhra Pradesh HC, a division bench in 2014 directed MCI to look into the aspect of illegible handwriting of doctors. Following this, the Union health ministry directed MCI to look into the case.

Now with formal notification on the way, doctors and MCI have welcomed the move. "This man's move has catapulted the MCI into action. Once it's a law, the responsibility will also lie with the pharmacy council as well as drug control administration," MCI member K Ramesh Reddy told TOI.

True to his name, Paramathma has just given a boon of life to many.

http://timesofindia.indiatimes.com/india/Telangana-pharmacist-has-a-pill-for-prescriptions/articleshow/47714106.cms

Target selling clinics, pharmacies to CVS Health for $1.9 billion

Target’s pharmacies, clinics, will be rebranded as CVS/pharmacy and MinuteClinic locations.

Target’s TGT 0.19% pharmacies will soon all become CVS locations.

The discount retailer and CVS Health CVS 0.39% announced a deal worth $1.9 billion Monday under which Target will sell its 1,660 pharmacies and 80 clinics, which will be rebranded as CVS/pharmacy and MinuteClinic locations. These will be operated as “stores within a store.”

For Target, the deal gives it cash injection a few months after it took a $5 billion write down on its aborted Canadian business, and the deal lets it concentrate on its e-commerce and core retail businesses. It will also allow it to improve its health and wellness offerings, a key prong in Target CEO Brian Cornell’s strategy for rejuvenating its business.

As for CVS Health, the deal allows it to expand its retail footprint by hundreds of locations as it competes with Walgreens WBA 0.82% , currently the largest U.S. drugstore operator. In particular, it will get a stronger presence in key markets such as Seattle, Denver and Salt Lake City. CVS/pharmacy currently has 7,800 drugstores (Walgreens has more than 8,000.)

Read about Target in the new Fortune 500

CVS Health said it will open as many as 20 new clinics in Target stores within three years of the close of the deal, part of its plan to operate 1,500 MinuteClinics by 2017. Target plans to build out five to 10 small, flexible format stores within two years under the TargetExpress name. Those will include a CVS/pharmacy.

“By partnering with CVS Health, we will offer our guests industry leading health care services, and at the same time, sharpen our focus on elevating the way we deliver wellness products and experiences to our guests,” Brian Cornell, Target Chairman and CEO, said in a statement.

http://fortune.com/2015/06/15/target-cvshealth/

Tuesday, April 21, 2015

MedPlus launches India’s first pharmacy e-tailer service in Hyderabad

MedPlus, a leading pharmacy retailer with over 1240 stores across India, has launched India’s first of its kind pharmacy e-commerce service – ‘Click, Pick & Save’ in Hyderabad. Very soon the company is planning to expand this service to more than 50 cities in the country.

This is first of its kind service being provided to customers in India. Through this e-tailer service, one can search, select medicines, compare alternatives and place an order or just upload prescription and book order. “The main aim of this e-tailer service is to provide buyers the opportunity to harness the benefits of e-commerce in healthcare like never before,” said Dr Madhukar Gangadi, founder & CEO of MedPlus Health Services.

This new services helps the customers to pick the medicines within 6 hrs from the nearest MedPlus store and can save up to 15 per cent on cost of medicines and 5-30 per cent on FMCG products.

To avail the ‘Click, Pick & Save’ service, pharmacy customers can log onto www.medplusmart.com, search & select (from over 30,000 products) the medicines and FMCG products they need, or just scan & upload their prescription to the site, in which case a MedPlus representative will call and book the order.

As current government regulations do not allow medicines to be delivered to buyer’s homes, customers can pick up their order from their nearest MedPlus store in Hyderabad within six hours of placing an order. The online store offers lucrative discounts and let users book reward points with the FlexiRewards scheme of MedPlus.

“The new initiative is an important milestone for us and we are confident that it will revolutionize the retail pharmacy landscape in the country. Our aspiration is to provide customers with seamless shopping for medicines and other health and personal care items combining offline and online services. With the added convenience and benefits this service brings to the customers, we expect to double our consumer base within a year. We are all set to replicate this model shortly in the 12 states where we have presence,” Dr Madhukar added.

Dr Surendra Mantena, COO, MedPlus Health Services said that the online service not only guarantees availability of quality medicines to all customers anywhere in the city, but also provides valuable information about drug usage, side effects etc, and allows them to compare prices of equivalent brands.

http://www.pharmabiz.com/ArticleDetails.aspx?aid=87587&sid=1

Prospectus for engg, pharmacy courses online

The directorate of technical education released the prospectus for direct admissions to second year of professional degree courses in engineering and pharmacy, online for the first time this year. Like in the case of the Goa common entrance test, no print version of the prospectus will be made available for direct admissions, so students have to print and fill the form on the online prospectus.

The filled forms for direct admissions will be accepted by the directorate from June 24 to 27.

Engineering diploma holders can seek direct admissions to second year professional degree engineering courses in the streams of civil, mechanical, electrical and electronics, telecommunication, information technology and mining engineering, depending on the stream of their diploma degree.

"BSc degree holders shall be considered for admission to vacant seats, if any, under direct lateral entry into second year of degree course in engineering, only after filling the seats with eligible students from diploma stream," stated a provision in the prospectus.

These students will be eligible for admissions to BE degree courses in the streams of electrical and electronics, electronics and telecommunication, computer engineering and information technology.

For the admissions purpose, separate merit lists will be prepared and displayed for engineering courses for all eligible BSc degree holders and eligible diploma holders in engineering. There will also be a separate merit list for all eligible students for the pharmacy course.

All students for direct admissions will be considered only for general seats and no seats will be reserved for any category in the admission process.

The directorate of technical education plans to take all admission process to professional degree courses in Goa online in the near future and as a first step no printed prospectus has been sold this year for admissions to professional degree courses and direct admissions to second year of engineering and pharmacy degree courses.

http://www.goacom.com/goa-news-highlights/25792-prospectus-for-engg-pharmacy-courses-online

Monday, April 20, 2015

Ali Health to become Alibaba's pharmacy platform

After a 15-day share trade suspension, Hong Kong-listed Ali Health Information Technology announced on April 15 that it will acquire online pharmacy assets from its parent company Alibaba Group Holding, the largest e-commerce operator in China.

Ali Health will issue new shares and convertible bonds to Alibaba under the terms of the deal, which is estimated at about HK$19.4 billion (US$2.5 billion).

With the acquisition, Alibaba's stake in Ali Health will increase from 38% to 53%, Shanghai's China Business News reported. Ali Health will also sell convertible bonds to Alibaba, which will further increase the parent company's share to 54.6% if they are exchanged for common shares, the paper said.

As a result, the report said, Ali Health is expected to become the major growth driver of Alibaba's online pharmacy business.

Following the announcement of the acquisition, shares of Ali Health rose about 77% to HK$12 (US$1.54) in early trading on the Hong Kong Stock Exchange April 15, and the stock ended up 80.83% at HK$12.26 (US$1.57) at close of trade.

The paper said the online pharmacy assets Ali Health will acquire are held under Alibaba's TMall's pharmacy marketplace and include 186 online-licensed pharmacies that sell non-prescription medicines, medical equipment, contact lenses and health food supplements.

In the period March 2014 to March 2015, TMall Pharmacy posted revenues of 4.7 billion yuan (US$758 million), which helped to boost the value of the operations in the acquisition deal, the paper said.

In addition, the pharmacy launched an express delivery service in, Beijing, Shanghai and Hangzhou in February, allowing consumers to obtain medicine from their nearest bricks-and-mortar drug store within three hours of placing an online order. The service has boosted the value of the pharmacy's operations, the report said.

The 186 online pharmacies that will be transferred in the acquisition deal have Type C certification under China's internet and drug transaction services qualification system, the report said. This will help Ali Health set up a comprehensive distribution network and enhance its efforts to build a cloud computing technology-based medical services platform, according to the report.

Alibaba chief operating officer Zhang Yong told the paper that his group wants to take advantage of cloud computing technology to improve medical services in China.

According to the report, Alibaba is aiming to set up a system, using cloud computing technology that will allow interaction between patients and doctors. Patients will be able to seek advice and doctors will be able to issue prescriptions that can be filled via the group's medical services platform, the report said.

There is much room for growth in China's online medical services if the country lifts its tight controls on that line of business, the paper said.

In the United States, health costs account for about 15% of the country's gross domestic product, but in China with a population of 1.3 billion, the ratio is between 5% and 6%, the report said.

Apart from Alibaba, other two online business giants–Baidu and Tencent–are eyeing the huge growth potential of China's online pharmacy business, the report said.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20150419000011&cid=1102